tag:blogger.com,1999:blog-34323687.post442403302817508354..comments2015-03-31T21:20:13.121+01:00Comments on Macro Man: 2013 Non-Prediction No.2Macro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger39125tag:blogger.com,1999:blog-34323687.post-45997987864648420602013-01-17T02:20:42.478+00:002013-01-17T02:20:42.478+00:00What’s Going down i am new to this, I stumbled upo...What’s Going down i am new to this, I stumbled upon this I have discovered It positively useful and it has helped me out loads. <a href="http://www.runescape2-accounts.com/Runescape-Accounts.html" rel="nofollow">rs accounts for sell</a> I hope to contribute &amp; aid other customers like its helped me. Great job.yolanda zhaohttp://www.blogger.com/profile/01977499370791550540noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-85854441927529992022013-01-14T12:40:29.581+00:002013-01-14T12:40:29.581+00:00C says&#39;
March to April 2012 was the critical t...C says&#39;<br />March to April 2012 was the critical timeframe where events in Europe transmitted a change of behaviour to the various asset groups. It appears to me that ,any recent rallying moves since the summer have been about a 1:1 move. Yes,as the Dax closes in on 8000 and CAC 4000 there&#39;s marginally more than a 1:1 move.Given where that places them in relation to previous highs experienced and what I call the longer run business cycle line which they are now well above we have some latitude developing for a bull trap to return to that business cycle line which will at some point tie in with actual economic growth rather than the typical mom move where money buys because other money has.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-63164914542153751722013-01-14T09:51:57.479+00:002013-01-14T09:51:57.479+00:00Good post and facts given...thanks..
motilal oswa...Good post and facts given...thanks..<br /><br /><a href="http://prowealth.in/online-trading.htm" rel="nofollow">motilal oswal online trading</a>Priya Shahhttp://www.blogger.com/profile/04768923196684539724noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4038826492012589062013-01-14T09:23:35.546+00:002013-01-14T09:23:35.546+00:00Thank với bài viết rất hay và bổ ích của bạn.
Truy...Thank với bài viết rất hay và bổ ích của bạn.<br /><a href="http://trangwap9x-x.sextgem.com" rel="nofollow">Truyen sex</a>, <a href="http://trangwap9x-x.sextgem.com/lau-xanh/co-giao-hoa.html" rel="nofollow">Truyen sex</a>, <a href="http://waptruyen9x.com" rel="nofollow">Truyen sex</a>, <a href="http://heosex.info" rel="nofollow">Truyen sex</a>, <a href="http://truyensexvl.sextgem.com" rel="nofollow">Truyen sex</a>, <a href="http://truyendam.info" rel="nofollow">Truyen dam</a>, <a href="http://truyensexhay.info" rel="nofollow">Truyen sex hay</a>, <a href="http://xtruyen1.sextgem.com" rel="nofollow">Truyen sex</a>hay vlhttp://www.blogger.com/profile/11482036520158180333noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-17652915089661666452013-01-11T19:19:33.949+00:002013-01-11T19:19:33.949+00:00C Says&#39;
As a great believer in moneyflow and m...C Says&#39;<br />As a great believer in moneyflow and mean reversion.Thats is the art of being where other people no longer appear to want to be the portfolios New Year resolution is less Equity more Ag.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-11776387729295652662013-01-11T18:25:02.334+00:002013-01-11T18:25:02.334+00:00adminn admin google.com da openadminn admin google.com da opengonzalezzhttp://www.boschbagcilarservisi.com/noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-18683365164106468302013-01-11T16:42:42.240+00:002013-01-11T16:42:42.240+00:00that was DD at 2.54
Eddie, agreed. Carry is a bit...that was DD at 2.54<br /><br />Eddie, agreed. Carry is a bitch. Neither side is very appealing, hence the &quot;uninterested&quot;.<br /><br />That said, given the moves in some dodgy cash names, it may have its use.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-34519311941911747082013-01-11T16:40:44.980+00:002013-01-11T16:40:44.980+00:00Compression trade seems exhausted in the US as wel...Compression trade seems exhausted in the US as well. High yield priced for perfection.<br /><br />No significant earnings news for a few days, Empire State index on Tuesday before GS and JPM report before the bell Wednesday.<br /><br /><a href="http://www.bespokeinvest.com/thinkbig/2013/1/10/key-sp-500-earnings-reports-next-two-weeks.html" rel="nofollow"> S&amp;P Earnings Timetable </a><br /><br />Snooze buttons. Or perhaps we will have two days of FX fun like the old 5 minute Macro?Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-7084613804986815372013-01-11T16:27:33.522+00:002013-01-11T16:27:33.522+00:00Anon 2.54
XOver 5y at those levels is tighter tha...Anon 2.54<br /><br />XOver 5y at those levels is tighter than JLo&#39;s rear end... I remember very well what happend last time around when poo hit the fan. 1000+ prints and no end in sight. I wouldn&#39;t want to sell prot at those levels but buying is also tricky as you got to get the time halfway right (which I won&#39;t for sure).<br /><br />EddieAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-89850036703478215042013-01-11T16:10:32.782+00:002013-01-11T16:10:32.782+00:00C Says&#39;
Anon 2.54
Like so many things these da...C Says&#39;<br />Anon 2.54<br />Like so many things these days jawboning done by the right people and often enough can make magic.<br />By the time they actually get around to doing anything atr all it will have become a sell the event.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-9441119060353653402013-01-11T15:33:01.806+00:002013-01-11T15:33:01.806+00:00http://markdow.tumblr.com/post/40256515803/surpris...http://markdow.tumblr.com/post/40256515803/surprise-index-updateAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-72496108148748872742013-01-11T15:05:05.471+00:002013-01-11T15:05:05.471+00:00We dont want to try and time it (rather content ju...We dont want to try and time it (rather content just taking some off one step at a time), but audjpy will make quite interesting entertainment when it turns the other way.<br /><br />Talking &#39;bout Yoorp but from the credit side. We have done very well over the past few years not being interested by Xover on the other side of 400. We will not get too greedy this time either.<br /><br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-60311117216857667562013-01-11T14:54:23.368+00:002013-01-11T14:54:23.368+00:00Yikes, look at yen. That&#39;s a one way train, g...Yikes, look at yen. That&#39;s a one way train, guvna!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-19854835992841876552013-01-11T14:49:42.228+00:002013-01-11T14:49:42.228+00:00My chart gazing suggested a 1,3500 might be in the...My chart gazing suggested a 1,3500 might be in the cards at some point, to form a EURUSD double top. Still long all kinds of Eurostuff here, but LB&#39;s anxiety is growing, as it should when complacency fills the airwaves.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-85895348856952462692013-01-11T14:37:21.756+00:002013-01-11T14:37:21.756+00:00C Says
LB
It&#39;s not just a dollar dump. The Eur...C Says<br />LB<br />It&#39;s not just a dollar dump. The Euro has been thrashing th £ as well. I have not even bothered looking at what it is doing elsewhere. That&#39;s why I posted yesterday that the Eurozone needs this &quot;like a hole in the head&quot;. In effect they handing FX competitiveness away hand over fist to japan,Uk and US to name ,but a short list.Now would you like to conjecture what that means for a recovery in Europe based upon expanding their share of global trade?<br />I&#39;ve bailed European equity from the portfolio based on this. I don&#39;t even want to wait for the lagging data.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-11025419387402992922013-01-11T14:28:47.208+00:002013-01-11T14:28:47.208+00:00LB did do a bit of hedging into the US close yeste...LB did do a bit of hedging into the US close yesterday. Wells beat this morning but it was a baby beat, and that might be considered the best of the US banks for this earnings cycle. We smell a bit of profit taking ahead. There are some gaps in the chart for XLF, for those who enjoy that kind of thing. We are short it just for the day.<br /><br />Anyone got a story on this morning&#39;s dollar dump? Just curious, and somewhat surprised to see EURUSD higher again today.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-26564961266914876142013-01-11T14:06:26.756+00:002013-01-11T14:06:26.756+00:00C Says&#39;
Oh dear...
&quot;Investors staged one...C Says&#39;<br />Oh dear...<br /><br />&quot;Investors staged one of the biggest moves into stocks of all time this week. Total equity inflows were the second-largest ever, while inflows into emerging market equities were the biggest in history. Inflows into long-only equity funds were the largest since March 2000.&quot;<br /><br />For a start I object to the term &quot;investors&quot;. I&#39;m thinking more along the lines of fear, crazed zombies!<br />We know where this lucre came from and why.We should remember what it tells us about the nature of the people behind it and what they will do when emotionally challenged by any event they don&#39;t like.<br />Personally,these are the kind of people that I don&#39;t buy with,They are the people I usually sell to.<br />Do what you prefer of course.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4823954365316930932013-01-11T08:37:05.906+00:002013-01-11T08:37:05.906+00:00C Says&#39;
As this week closes one is left with t...C Says&#39;<br />As this week closes one is left with the feeling of trying to tip toe through a minefield.Such is the life of selectively picking the right places to be and then rotating as the opportunity closes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-38248075517830610402013-01-10T22:50:54.969+00:002013-01-10T22:50:54.969+00:00C Says&#39;
It occurs to me that European equity n...C Says&#39;<br />It occurs to me that European equity needs the Euro going in this direction like an hole in the head. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13513192298315536082013-01-10T20:40:01.525+00:002013-01-10T20:40:01.525+00:00Chart Watchers Anonymous. We ain&#39;t bearish, bu...Chart Watchers Anonymous. We ain&#39;t bearish, but we do see a double top here in SPX and in XLF. <br /><br />With the WFC earnings dead ahead, any small earnings disappointments might be met with some selling.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-24205076199979239722013-01-10T20:18:45.213+00:002013-01-10T20:18:45.213+00:00DD
I don&#39;t see any disorderly rate accident -...DD<br /><br />I don&#39;t see any disorderly rate accident - certainly not in the US. A smooth steepening out to the Spring and then maybe another flattener in the summer. I don&#39;t know much about the UK, oddly enough, but I don&#39;t fancy UK, France or German fixed income on unwind of fear trades. Whether that constitutes an accident I don&#39;t know. Generally to have a +100-200 bps spike occur, someone has to have made a right cock-up of something.<br /><br />Having written the above, yes, we do have some small &quot;tail risk&quot; positions on all the way out to June to hedge just such a possibility.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-74768299579493028632013-01-10T19:53:45.819+00:002013-01-10T19:53:45.819+00:00LB my question was more, for people who want to ca...LB my question was more, for people who want to care about a rate accident in 2013, wouldnt you expect the inital reaction to be growth exp up infl exp down, so the linked stuff to be hurt more. Thinking outloud only at this stage. DD.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-32936017258098897582013-01-10T18:53:56.965+00:002013-01-10T18:53:56.965+00:00What a typo !!! &quot;Kinked&quot; not Linked .I m...What a typo !!! &quot;Kinked&quot; not Linked .I may have on a real Freudian there.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-68419253905995451542013-01-10T18:52:18.842+00:002013-01-10T18:52:18.842+00:00C Says&#39;
Be interesting if Asia closing for the...C Says&#39;<br />Be interesting if Asia closing for the week coincides with a second leg consolidation on the JYen. With only a weekish to go for the key date you can visualise a move down and backup ending in a balancing point at the date itself.Compression.<br /><br />Uk Indexed Kinked gave me my best ride of the week,but it was a low probability outcome to setup for so I wasn&#39;t able to get what is the term Bolivian? One day I will know what that means.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-10824501347193304032013-01-10T17:24:27.485+00:002013-01-10T17:24:27.485+00:00DD
I thought it was now the consensus among TMM a...DD<br /><br />I thought it was now the consensus among TMM and members of the comment asylum that true inflation is ultimately a function of employment costs, whereas UK Mervynflation is regulated to some extent as a function of QE expectations, so that any fluctuations are self-limiting in the absence of wage growth?<br /><br />In other news, Dr Aghi will be smiling again as he continues to make all the right (non) moves. Spain 2s and 10s declined sharply in yield today after the ECB declined to cut rates, along with Italian 10s, with a commensurate sell off in UK and German bonds. Which brings us to the topic of today&#39;s US 30y auction, which will be closely watched.<br /><br />Another day of no really significant earnings news in the US, markets drifting up, this could go on for quite a while until someone lays a really big egg.Leftbacknoreply@blogger.com